NEW BRITAIN PALM OIL LIMITED
("NBPOL", the "Group" or the "Company")
FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2013
New Britain Palm Oil Limited (LSE: NBPO), one of the world's largest fully integrated producers of sustainable palm oil, today announces its final dividend for the year ended 31 December 2013.
The Board of NBPOL has declared a final dividend of USD 5 cents per share. The dividend timetable is as follows:
Dividend timetable
Ex-dividend date: 26 March 2014
Record date: 28 March 2014
Payment date: 25 April 2014
Note: The final dividend of USD 5 cents per share (gross) will be paid net of PNG withholding tax where applicable.
Enquiries:
New Britain Palm Oil Limited Nick Thompson (Chief Executive Officer) Alan Chaytor (Executive Director) Amir Mohareb (Chief Financial Officer) Ben Oakley (Corporate Development and IR) | Tel (UK): +44 (0)20 7472 5936 Tel (Singapore): +65 6227 6247 |
Newgate Communications (PR Adviser) James Benjamin Clotilde Gros Georgia Lewis | Tel: +44 (0)20 7680 6550 Email:nbpol@newgatecomms.com |
Website:www.nbpol.com.pg
Notes to editors:
NBPOL is a large scale integrated industrial producer of sustainable palm oil in Australasia, headquartered in Papua New Guinea ('PNG'). It has over 79,800 hectares of planted oil palm estates, over 7,700 hectares of sugar cane and a further 9,200 hectares of grazing pasture, (some of which will be converted to oil palm); twelve oil mills; two refineries, one in PNG and one in Liverpool, UK; and a seed production and plant breeding facility. The Company is listed on both the Main Market of the London Stock Exchange and on the Port Moresby Stock Exchange in PNG.
NBPOL is fully vertically integrated, producing its own seed (which it also sells globally), planting, cultivating and harvesting its own land, and processing and refining palm oil (both in PNG and the UK). It also contracts directly with its end customers in the EU and arranges shipping of its products.
NBPOL has high regard for the importance of its sustainability credentials. It has achieved 100% certification of all estates, mills and smallholders to the Roundtable on Sustainable Palm Oil ('RSPO') standard. NBPOL continues to be active in proving its performance through certification to ISO 14001 and its close involvement with other innovative initiatives. The Company is a certified supplier of sustainable palm oil from its entire production base in PNG and Solomon Islands, under the RSPO guidelines .
Disclaimer:
This document includes statements that are forward-looking in nature. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of New Britain Palm Oil Limited to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Any such forward-looking statements speak only as of the date of this document and New Britain Palm Oil Limited does not undertake to update forward-looking statements to reflect events or circumstances after that date. Information contained in this document relating to the Group should not be relied upon as an indicator of future performance.
This information is provided by RNS
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